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20120916
20120916
Search Results 0 to 1 of about 2 (some duplicates have been removed)
, bond purchases every month meant to give banks the ability to lend more to people in the united states. italy and spain, two big countries considered too big to fail in the ongoing eurozone crisis could get bailout funds going forward to bring down their borrowing costs. both are instances of central banks initiating action when the political will to act is lacking, whether in washington or in europe's capital. joining me now to debate the tactics is rich quest. richard, welcome. today's q and a question is are central banks saving the world or are they making things worse? i'll go first, richard. give me 60 seconds on the clock starting now. richard, central banks are doing the right thing by taking action to shore up our troubled economies, but it is only half the equation. there is a world financial crisis like the one we witnessed four years ago when lehman brothers collapse two things need to be done. number one, central banks need to step in with emergency fiscal moves. two, make smart political decisions and that is what's lacking in the united states and in europe's capitals. a
Search Results 0 to 1 of about 2 (some duplicates have been removed)

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